The housing market in Newton, NC is performing significantly higher than the US average. The median house value in Newton is $221,000 while the US median house value is $338,100, and the US 1 year house appreciation rate is 8.27%, compared to an 18.74% appreciation rate for Newton in the past year. This indicates that housing in Newton is a strong investment opportunity and many people are finding success with real estate investments in this area.
The median home cost in Newton is $221,000. Home appreciation the last 10 years has been 92.8%. Home Appreciation in Newton is up 24.0%.
Average Age of Homes
- The median age of Newton real estate is 44 years old
The Rental Market in Newton
- Renters make up 35.5% of the Newton population
- 0.4% of houses and apartments in Newton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.